Which option is better: receive $140,000 now or $50,000, $25,000, $55,000, $10,000, and $30,000, respectively, over the next five years? (Assume the annual payments occur at the end of each year.) (Click the icon to view Present Value of $1 table.)(Click the icon to view Present Value of Ordinary Annuity of $1 table.) Read the requirements Requirement 1. Assuming a 7% interest rate, which investment opportunity would you choose? (If using present value tables, use factor amounts rounded to three decimal places, X.XxX. Round your final answer to the nearest whole dollar.) The present value of the five payments is $ 142,479 . Since the present value of the five payments is higher than the one payment of $140,000, you should choose the option with payments over the five years Requirement 2. If you could earn 8%, would your choice change? (If using present value tables, use factor amounts rounded to three decimal places, X.xxx. Round your final answer to the nearest whole dollar.) If you could earn 8%, the present value of the five payments would be $ Since the present value of the five payments is than the one payment of $140,000, you should choose the option with